Oil Rises For a Fourth Day Towards /Barrel |  World Business Watch | WION News

Oil Rises For a Fourth Day Towards $75/Barrel | World Business Watch | WION News

Oil rose for a fourth day as traders assessed supply risks in West Asia. The reason: Israel is expected to make a retaliatory strike against Iran following Tehran’s missile barrage earlier this week. The volume of so-called Brent call options trades hit a record high today, with the majority of those bets being placed on the price of crude hitting $100 a barrel.

#oil #crudeoil #brentoil

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